Last week, POWERCHINA and the Pakistan-China Institute (PCI), in collaboration with All Pakistan Chinese Enterprises Association (APCEA) and China Society for Hydropower Engineering (CSHE), launched a groundbreaking report titled “Development Prospects of Chinese Enterprises in Green Energy Industry in Pakistan”.
Guided by President Xi Jinping’s vision of “lucid waters and lush mountains are invaluable assets,” the latest government work report issued during the Two Sessions showed in the past five years, China’s energy consumption per unit of GDP has dropped by 8.1%, and carbon dioxide emissions have dropped by 14.1%, which means a solid step forward to a “beautiful China”.
Meanwhile, the proportion of clean energy consumption rose from 20.8% to over 25%. Achieving these goals are inseparable from the efforts of China’s new energy enterprises, which not only contribute to China’s long-term goal of carbon neutrality, but also contribute to green development worldwide, in which cooperation between China and Pakistan in this regard as a good example, China Economic Net (CEN) reported.
“Since we cooperated with local investors to build the Dawood 50MW Wind Power Project under the framework of the CPEC in 2015, as our first new energy project in Pakistan, including the Sachal 50MW Wind Power Project built in cooperation with Arif Habib, and the Tricon Boston 150MW Wind Power Project built in cooperation with Sapphire, the total power generation of our wind power projects in Pakistan has reached 1140MW.
In addition, we have also cooperated with Atlas to build a 100MW solar energy project,” Yang, Chief Representative of POWERCHINA in Pakistan and Chairman APCEA, said.
He emphasized that all of these efforts are not just business opportunities but a kind of responsibility that they must take on.—APP
